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Luxchem Bhd (XKLS:5143) Cyclically Adjusted Book per Share : RM0.41 (As of Mar. 2024)


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What is Luxchem Bhd Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Luxchem Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.502. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM0.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Luxchem Bhd's average Cyclically Adjusted Book Growth Rate was 10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-07), Luxchem Bhd's current stock price is RM0.59. Luxchem Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM0.41. Luxchem Bhd's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Luxchem Bhd was 2.74. The lowest was 1.18. And the median was 1.51.


Luxchem Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Luxchem Bhd's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Luxchem Bhd Cyclically Adjusted Book per Share Chart

Luxchem Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.31 0.36 0.40

Luxchem Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 0.39 0.40 0.41

Competitive Comparison of Luxchem Bhd's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Luxchem Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Luxchem Bhd's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luxchem Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Luxchem Bhd's Cyclically Adjusted PB Ratio falls into.



Luxchem Bhd Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Luxchem Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.502/131.7762*131.7762
=0.502

Current CPI (Mar. 2024) = 131.7762.

Luxchem Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.190 100.560 0.249
201409 0.192 100.428 0.252
201412 0.200 99.070 0.266
201503 0.213 99.621 0.282
201506 0.218 100.684 0.285
201509 0.226 100.392 0.297
201512 0.241 99.792 0.318
201603 0.250 100.470 0.328
201606 0.266 101.688 0.345
201609 0.262 101.861 0.339
201612 0.279 101.863 0.361
201703 0.293 102.862 0.375
201706 0.292 103.349 0.372
201709 0.295 104.136 0.373
201712 0.308 104.011 0.390
201803 0.317 105.290 0.397
201806 0.316 106.317 0.392
201809 0.318 106.507 0.393
201812 0.328 105.998 0.408
201903 0.336 107.251 0.413
201906 0.334 108.070 0.407
201909 0.334 108.329 0.406
201912 0.345 108.420 0.419
202003 0.356 108.902 0.431
202006 0.355 108.767 0.430
202009 0.361 109.815 0.433
202012 0.376 109.897 0.451
202103 0.429 111.754 0.506
202106 0.416 114.631 0.478
202109 0.450 115.734 0.512
202112 0.458 117.630 0.513
202203 0.473 121.301 0.514
202206 0.480 125.017 0.506
202209 0.478 125.227 0.503
202212 0.479 125.222 0.504
202303 0.487 127.348 0.504
202306 0.486 128.729 0.498
202309 0.488 129.860 0.495
202312 0.499 129.419 0.508
202403 0.502 131.776 0.502

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Luxchem Bhd  (XKLS:5143) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Luxchem Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.59/0.41
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Luxchem Bhd was 2.74. The lowest was 1.18. And the median was 1.51.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Luxchem Bhd Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Luxchem Bhd's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Luxchem Bhd (XKLS:5143) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 6 Jalan SS21/58, Damansara Utama, Petaling Jaya, SGR, MYS, 47400
Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in the manufacturing and trading of unsaturated polyester resin and related products, and the manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.

Luxchem Bhd (XKLS:5143) Headlines

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